In a Closed Economy,national Saving Is

question 35

Multiple Choice

In a closed economy,national saving is

• A)usually greater than investment.
• B)equal to investment.
• C)usually less than investment because of the leakage of taxes.
• D)always less than investment.

---

Definitions:

Personal Property Registry

A legal registry for the public recording of interests in personal property (excluding real estate) to establish priorities and rights in that property.

Encumbrances

Legal claims or liens on property that may restrict its use or transferability, such as mortgages or easements.

Personal Property

Movable assets or belongings, as contrasted with real property (land and buildings).

Seize Security

The act of taking possession of collateral or assets to satisfy a debt or enforce a legal judgment.